Reebok Stadium star to choose between the Emirates, Old Trafford and now the Allianz Arena.
Bayern Munich have joined the hunt for Bolton Wanderers defender Gary Cahill but face competition from a string of Premier League clubs, according to the Daily Mail.
The Bundesliga champions were impressed by the centre-back’s performance in the 1-0 defeat to Manchester United, after sending scouts to watch Dimitar Berbatov.
The 25-year-old is out of contract after next season and has been linked to the Red Devils, Arsenal, Liverpool, Tottenham and Aston Villa.
Arsenal were favourites to sign the England international last January but decided to wait until the summer.
The move may cost the Gunners as the German giants are said to be ready to back their interest with a firm bid.
The Trotters manager Owen Coyle admits he is likely to lose his £20million-rated talisman.